How big is the Catalog Management System Market?

The Catalog Management System Market size is expected to reach USD 1.96 billion in 2024 and grow at a CAGR of 9.68% to reach USD 3.12 billion by 2029. Read More

What is the current Catalog Management System Market size?

In 2024, the Catalog Management System Market size is expected to reach USD 1.96 billion. Read More

Who are the key players in Catalog Management System Market?

IBM Corporation, Oracle Corporation, SAP SE, Coupa Software Inc. and ServiceNow Inc. are the major companies operating in the Catalog Management System Market. Read More

Which is the fastest growing region in Catalog Management System Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Catalog Management System Market?

In 2024, the North America accounts for the largest market share in Catalog Management System Market. Read More

What years does this Catalog Management System Market cover, and what was the market size in 2023?

In 2023, the Catalog Management System Market size was estimated at USD 1.77 billion. The report covers the Catalog Management System Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Catalog Management System Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Catalog Management Solution Market - Size, Share & Growth

Catalog Management Solution Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Catalog Management Software Market Report is Segmented by Type (Service Catalogs, Product Catalogs), Deployment Type (Cloud, On-Premises), Industry Vertical (IT & Telecom, Retail & ECommerce, BFSI, Media & Entertainment, Travel & Hospitality), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

Catalog Management System Industry Overview

The Catalog Management System Market is highly fragmented, with major players like IBM Corporation, Oracle Corporation, SAP SE, Coupa Software Inc., and ServiceNow Inc. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

• February 2024 - IBM Announced the availability of the Open-Source Mistral AI Model on Watsonx, expanding model choice to assist enterprises in scaling AI with trust and flexibility. IBM offers an optimized version of Mixtral-8x7B that offers the potential to cut latency by up to 75% - It adds to a growing catalog of IBM, third-party, and open-source models to give clients choice and flexibility - The latest open-source model available on watsonx AI and data platform with enterprise-ready AI studio, data store, and governance capabilities.

• December 2023 - Salsify, one of the leading Product Experience Management (PXM) platforms, partnered with Mamenta, a pioneer in empowering brands to expand their global marketplace presence. Mamenta's robust catalog management capabilities and Salsify's PXM platform would enable brands to manage and optimize product catalogs efficiently.